Mr Cooper Group Inc (COOP)

[MadBadger]

Large, after reading the original Preferred share agreements, I see why there was insider trading. According to the Original agreements if liquidation or restructuring occurs the Preferred shares can opt to receiving Cash, Stocks, (stock conversion rate 47.0535/$21.25 per share) if common valuation is 130% north of the conversion value then they can force the company to convert to the new share price value.